Countries fighting COVID-19 in decentralised manner doing better: Raghuram Rajan

Countries fighting COVID-19 in decentralised manner doing better: Raghuram Rajan
Citing the example of Germany and South Korea, Rajan said that these countries have allocated resources at the centre but left the details to provinces. In case of India, he said, as a result of the nation-wide lockdown, which was imposed after four hours notice with effect from March 25, the regions which did not have coronavirus cases at that time suffered economically.